Associated Banc-Corp price target raised to $30 from $29 at Raymond James

Raymond James raised the firm’s price target on Associated Banc-Corp (ASB) to $30 from $29 and keeps an Outperform rating on the shares. Core trends were solid in Q3, with fees outperforming and healthy credit trends driving a smaller loss provision and EPS upside, the analyst tells investors in a research note. Shares remain poised to narrow the valuation discount to peers over time, the firm argues.